Journey developer scores $7 million to make next game

The company joins with a venture capitalist firm and other investors to fund future projects.

By
Seth G. Macy

Journey developer thatgamecompany has raised $7 million USD towards its next project, the company stated on its website. The funding was provided by private equity and venture capital firm Capital Today.

"With this new investment, our studio is able to scale up development efforts to focus on making the best game possible in the same spirit as flOw, Flower, and Journey," the company said. The infusion of capital will also go toward building an infrastructure to self-publish, market, and distribute its upcoming projects "on our own terms," it added.

The as-of-yet unnamed project in the works is, according to thatgamecompany, being designed "to make an emotionally engaging experience centered around human connections for players of all ages and backgrounds."

Capital Today specializes in "growth capital and mid-sized companies," according to the company's profile on Business Week. A Shanghai-based firm, the company has a particular interest in investing capital in Internet, media, and technology sectors.

thatgamecompany said that they are happy to be partnering with Capital Today and a "team of other investors" who share its vision.